Skip to content
News
Source brief· Taxes & IRS

Will Californians vote to save more tax revenue in rainy day fund?

According to CalMatters: In summary Prop. 2 would allow California leaders to sock away up to 20% of the state’s general fund tax revenue, double the current cap of 10%. It would also require the state to save more when revenue is growing faster. California’s booming stock market is bringing in billions of dollars in unexpected tax revenue.

Save

Source attribution

  • CalMatters
Original source links
Editorial standards